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Paypoint ( (GB:PAY) ) has provided an announcement.
PayPoint plc, a company involved in financial transactions, has executed a share buyback program, purchasing 11,918 of its ordinary shares through Investec Bank plc. The shares were bought at prices ranging from 678.00 to 695.00 pence and will be cancelled, reducing the company’s share capital to 71,359,833 shares. This buyback aims to enhance shareholder value and streamline capital management, potentially impacting the company’s market perception and shareholder interests.
More about Paypoint
YTD Price Performance: -12.18%
Average Trading Volume: 214,255
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £486.7M
Learn more about PAY stock on TipRanks’ Stock Analysis page.
